Yacht Brokers often have to advise and assist in transfers of deposits between countries.
The cost can be very high especially for fast transfer.
In various trials over a number of years, we found that for personal transfers of any amount the best solution was Transferwise
Always trying the latest solutions that seem promising, we have used Transferwise since 2011, its first year of operation, when, Richard Branson (then at the height of his credibility)made a big point of endorsing Transferwise as a major investor.
It has proved to be totally safe, very fast and very easy to set up and use.
here is what Wikipedia says today
TransferWise is a British online money transfer service founded in January 2011 by Estonians Kristo Käärmann and Taavet Hinrikus and is based in London. The company supports more than 750 currency routes across the world including GBP, USD, EUR, AUD and CAD, and provides multi-currency accounts. Wikipedia